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Feb 27, 2013
02/13
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that is the unfortunate circumstance of congress not getting its job done by dealing with the deficit and dealing with it in a smart way. dennis: i'm sorry for the rude or impertinent question, given it is crisis and food might go out the door without ininspections how would you be at new york stock exchange, shouldn't you be in your desk working on war room. >> first of all let's be clear about this. your food will not leave that facility without being inspected. what it means is the production lines will have to shut down. that is the tragedy of this. and so it's important for folks to understand and appreciate exactly what is going on here. we are in new york today, in order to talk to folks about the consequences of the see questions ture. we're also -- sequester. we're busy with folks about thekn programs and the impact this wi 600,000 women, infant andi not t benefits of the wicro sequesters through. dennis: yeah, i see. talk about the meet inspectors. i find it hard to believe, a person running their own shop the way you're running your own department of agriculture doesn't hav
that is the unfortunate circumstance of congress not getting its job done by dealing with the deficit and dealing with it in a smart way. dennis: i'm sorry for the rude or impertinent question, given it is crisis and food might go out the door without ininspections how would you be at new york stock exchange, shouldn't you be in your desk working on war room. >> first of all let's be clear about this. your food will not leave that facility without being inspected. what it means is the...
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Aug 6, 2013
08/13
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the deficit is growing. do we have a growing deficit? is that true or false? false. republicans love the idea that our democratic president is so spend happy that he's driving up our nation's budget deficit. there's a difference between what our government takes in and what it spends is getting worse, the deficit is getting bigger that is not at all true. look, the first bar here is 2009, that's president obama's first year in office that's what he had on his hands when he came into office, what he got handed by the outgoing republican administration, then the next three bars are 2010, 2011, 2012 and the final bar, the teeny tiny one, little shorty there, you might miss it on the right, that's the projected deficit for the end of this year. notice that the bars are getting shorter? which means the deficit is getting smaller. you see when things were once long become less long, they are not growing. it's amazing, right? eric cantor, you are incorrect. next up, true or false, the city of detroit is holding an important election tomorrow for the top leadership of that g
the deficit is growing. do we have a growing deficit? is that true or false? false. republicans love the idea that our democratic president is so spend happy that he's driving up our nation's budget deficit. there's a difference between what our government takes in and what it spends is getting worse, the deficit is getting bigger that is not at all true. look, the first bar here is 2009, that's president obama's first year in office that's what he had on his hands when he came into office,...
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Feb 12, 2013
02/13
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he pledged to cut the deficit in half. >> yesterday i held the fiscal somewhere applies to cut the deficit in half by the end of my first term office. my administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. gerri: did that happen? no. instead, obama average deficit of nearly three times that of his predecessor. here is another promise from 2009. >> over the next two years this plan will save or create three and a half million jobs. more than 90 percent of these jobs will be in the private sector, jobs rebuilding our roads and bridges, constructing wind turbines in solar panels, laying broadband and expanding mass transit. gerri: not a chance. instead, according to the heritage foundation, the economy is over seven and a half million jobs in the hole and don't forget obamacare. >> this budget builds on these reforms and includes an historic commitment to comprehensive health care reform, a down payment on the principle that we must have quality affordable health care for every american. [applause] it is a commit
he pledged to cut the deficit in half. >> yesterday i held the fiscal somewhere applies to cut the deficit in half by the end of my first term office. my administration has also begun to go line by line through the federal budget in order to eliminate wasteful and ineffective programs. gerri: did that happen? no. instead, obama average deficit of nearly three times that of his predecessor. here is another promise from 2009. >> over the next two years this plan will save or create...
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Feb 15, 2013
02/13
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, that is not true this year we'll run $800 billion deficit, if we take everyone here who made a million and taxed them 100% we're not even going to roach that. all the president wants to do is continue spending and he will raise taxes he think that care and nurture of the public second to is the way forward for prosperity, he is ignoring the private sector, as a result the growth will be 1.4%. neil: you know what i read into, katie maybe you can help me, john boehner saying i'm done. he is tired of it, he is not playing the game if it means he will take some heat, he is willing to take the heat, my own reaction, i wish he were of that mine set about 8 weeks ago, but coming as it does now, i argue better late than never. >> goodly is realizing it, the fact is that republicans have passed budget after budget, plan after plan to reform entitlement and they are not getting the credit for plans they have passed and democrats have somehow pinned blame of all economic problems on the republican, joe john bain are saying look we're not getting credit for the work we're doing so why continue to
, that is not true this year we'll run $800 billion deficit, if we take everyone here who made a million and taxed them 100% we're not even going to roach that. all the president wants to do is continue spending and he will raise taxes he think that care and nurture of the public second to is the way forward for prosperity, he is ignoring the private sector, as a result the growth will be 1.4%. neil: you know what i read into, katie maybe you can help me, john boehner saying i'm done. he is...
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Jan 15, 2013
01/13
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melissa: we're adding trillions every year to our deficit. what do you think, stephen, does that get us there? >> 1.2 trillion is this year's deficit. that doesn't solve the long-term problem. the thing we haven't had from this president in my view is serious proposal for structural entitlement reform on the order of something like the ryan budget that republicans offered. took a lot of grief for. something that would change the trajectory of our debt. things we've had from this president wouldn't do that. they might take a chunk here, take a chunk there but they don't change the overall debt picture and certainly don't change the trajectory. melissa: stephen, susan, stick around. we have a lot more on the other side of this break. like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money
melissa: we're adding trillions every year to our deficit. what do you think, stephen, does that get us there? >> 1.2 trillion is this year's deficit. that doesn't solve the long-term problem. the thing we haven't had from this president in my view is serious proposal for structural entitlement reform on the order of something like the ryan budget that republicans offered. took a lot of grief for. something that would change the trajectory of our debt. things we've had from this president...
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Nov 30, 2013
11/13
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. >> and we run annual trillion dollar budget deficits. the united states doesn't have a budget and hasn't had one since 2009. that's why you shouldn't expand medicaid. number one, a broken entitlement. number two, the federal government doesn't have the money to pay for it. it's going to cost $800 billion. >> can i make a point -- >> why is it okay for millennials to have to use the emergency room for health care. can we have that conversation again. for millennials to be kicked off health insurance. >> we'll take a break and come back. and coming up, president obama has repeatedly governed under the premise do as i say not as i do. we're going to ask these guys what they think about what's happening. the hyper partisan tone. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (v
. >> and we run annual trillion dollar budget deficits. the united states doesn't have a budget and hasn't had one since 2009. that's why you shouldn't expand medicaid. number one, a broken entitlement. number two, the federal government doesn't have the money to pay for it. it's going to cost $800 billion. >> can i make a point -- >> why is it okay for millennials to have to use the emergency room for health care. can we have that conversation again. for millennials to be...
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Dec 13, 2013
12/13
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extreme, and there was a concern that there would be overstimulated and it might be leading to attention deficit disorder, interfere with brain function. my theory is everything in moderation. dennis: as much as you worry about this, look and look is here. he's paying a little bit of attention to the screen, but he's just as fast that with this, can you. >> great. i would much personal rather have something like this without this attached to it. the brain and the babies and the technology. just at this hearing of an age of the business area. >> it's about choice. they can make that choice and be perfectly right. another mother can make another choice our father in decide to use it in an educational way. but we notice is that you have great people skills. dennis: getting paid per line of dialogue. that is. >> there has to be boundaries. there has to be -- people need to recognize that they cannot just stop the child. dennis: a six year-old and a ten year-old. how much steel let them play? >> i will tell you the truth, they get 45 minutes a day after school, after they're market is down on my pad.
extreme, and there was a concern that there would be overstimulated and it might be leading to attention deficit disorder, interfere with brain function. my theory is everything in moderation. dennis: as much as you worry about this, look and look is here. he's paying a little bit of attention to the screen, but he's just as fast that with this, can you. >> great. i would much personal rather have something like this without this attached to it. the brain and the babies and the...
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Jan 17, 2013
01/13
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>> let me just say that the president has already sign into law about $2.4 trillion worth of deficit reduction and three-quarters of that -- >> wars we stopped fighting, already factored in. >> a bunch of that is for spending cuts. not necessarily spending cults i really -- cuts i like but spending cuts nonetheless. >> you disagree with him when he says we don't have a spending problem? >> no. i think we do have certain things we can cut in spending, but in fact right now, i think the crisis we have right now is a jobs crisis. i think it's an income inequality crisis in our country. i think there's an investment crisis. we don't talk enough, neil, about the third leg of debt reduction, which is not only spending, not only raising revenue, but growth in the economy. and you know? this debt ceiling issue is just crazy. i stand -- >> was it crazy seven years ago when your democratic colleague voted against raising it? was it crazy then? >> well, except it wasn't real and this is real. the last final -- >> real is in the eye of the beholder. >> no, no. >> i guess it's -- >> it was more -
>> let me just say that the president has already sign into law about $2.4 trillion worth of deficit reduction and three-quarters of that -- >> wars we stopped fighting, already factored in. >> a bunch of that is for spending cuts. not necessarily spending cults i really -- cuts i like but spending cuts nonetheless. >> you disagree with him when he says we don't have a spending problem? >> no. i think we do have certain things we can cut in spending, but in fact...
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Nov 12, 2013
11/13
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if it adds to the deficit it breaks this promise. listen. >> i will not sign it if it adds one dime to the deaf the sit now or in the future. period. >> period. >> i'm sure he'll offer a tax increase to cover the cost to keep that promise. he'll figure out a way. this will come to a head on january 1. we are now at 50,000 people signing up. 5 million losing health care. that number of people signing up is not going to accelerate much. the number of people losing health care is going to. you will have a situation on january 1 where millions of people who were insured on december 31 will be uninsured on january 1 because of obama care. this will cause all hell to break loose on capitol hill. >> a nightmare scenario. thank you, marc. >> thank you, megyn. >> that's the thing millions of americans are worried about, too. getting people enrolled was supposed to be the easy part. soon the feds will be charged with running the largest, most complicated insurance program in the world. do we have confidence in that? robert lajiewski is former
if it adds to the deficit it breaks this promise. listen. >> i will not sign it if it adds one dime to the deaf the sit now or in the future. period. >> period. >> i'm sure he'll offer a tax increase to cover the cost to keep that promise. he'll figure out a way. this will come to a head on january 1. we are now at 50,000 people signing up. 5 million losing health care. that number of people signing up is not going to accelerate much. the number of people losing health care is...
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Oct 31, 2013
10/13
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deficit for the 2013 budget year, how about this, falling to $680 billion, that is a five year low. breaking news overnight in sear gentleman. an if i recall with the chemical weapons -- has met the deadline to destroy -- for tomorrow. and this comes as health officials racing this morning to stop a polio outbreak inflicting yet more damage amid the country's civil war. world health organization is confirming ten cases all in children under the age of four. there are 20 additional suspected cases. the outbreak is in two villages close to the border with iraq. hospitals there are in ruins as you might imagine and without power or proper medicine. another likely factor in the outbreaks is the lack of sanitation. health officials say about half of syria's children have been unable to receive vaccinations because of the fighting. >> there are over 500,000, maybe well over 500,000 children in syria who are not getting immunized. and so we'll be working very hard to work our way into those areas so that every child in syria has this possibility of a full and happy life. >> vaccines develo
deficit for the 2013 budget year, how about this, falling to $680 billion, that is a five year low. breaking news overnight in sear gentleman. an if i recall with the chemical weapons -- has met the deadline to destroy -- for tomorrow. and this comes as health officials racing this morning to stop a polio outbreak inflicting yet more damage amid the country's civil war. world health organization is confirming ten cases all in children under the age of four. there are 20 additional suspected...
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Oct 13, 2013
10/13
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FBC
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i cut the deficit in half since i took office. >> the deficit in 2007 was under and 60 billion. because it went to one-half trillion. at a single year. >> i am not blaming the obama. dennis: i am. >> i am blaming w-2. obamacare into a receson and depression. it is not alwa fall. you cannot sit there and say happy days are here again. look at us. we are fiscal conservatives. the deficit is $750 billion. dennis: we are hap about it. >> a un have to worrybout anything. the ficit is upremendously from mary was. dennis:id not read a recent headline coming 8% of government spending is on automatic pilot. we let people being ctegorized unabomber's. we have to do something about entitlement programs. we don't need to add to entitlement programs. we need to fix the ones you alread have. you need to spend less i'm social security, but now we're supposed to believe that this gridlock in d.c. is going to ad to a grand bargain. am i supposed to believe the democrats are going to dismant social security in all of these retirement programs? , supposed to believe they will embrace on mass use t
i cut the deficit in half since i took office. >> the deficit in 2007 was under and 60 billion. because it went to one-half trillion. at a single year. >> i am not blaming the obama. dennis: i am. >> i am blaming w-2. obamacare into a receson and depression. it is not alwa fall. you cannot sit there and say happy days are here again. look at us. we are fiscal conservatives. the deficit is $750 billion. dennis: we are hap about it. >> a un have to worrybout anything. the...
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Jan 2, 2013
01/13
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CNBC
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the government runs the deficit and the fed buys the deficit. high yield which is an important area for us over the last few years has gone from a 25% yield in '08 to 6.3, 6.4 presently and no great bargains there, one-off but no asset class as a generalization so you're left with equities and equities are in a zone of fair evaluation to modest evaluation. i'll give you a little set of statistics. where is the bubble? in the year 2000, cisco was 100 times earnings, didn't pay a dividend and ten-year u.s. governments were 6.5%. today cisco is struggling to sell around ten times earnings, yields not far from 3%, which is not quite twice the 1.7%, 1.8% ten-year bond. the bubble isn't in equities. i think the bubble is in bonds. >> why only 340destly optimistic for stocks for 2013? i know you're spreading the wealth figuratively and literally to your team. you have the u.s. economy seemingly improving, house something getting better, china seems to be improving as well, you've got europe not as bad as certainly it was, and the ecb, central banks all
the government runs the deficit and the fed buys the deficit. high yield which is an important area for us over the last few years has gone from a 25% yield in '08 to 6.3, 6.4 presently and no great bargains there, one-off but no asset class as a generalization so you're left with equities and equities are in a zone of fair evaluation to modest evaluation. i'll give you a little set of statistics. where is the bubble? in the year 2000, cisco was 100 times earnings, didn't pay a dividend and...
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Mar 16, 2013
03/13
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CNNW
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but most of the kids who are getting treated for attention deficit disorder now don't need it. certainly the cosmetic use of these medications for performance enhancement makes no sense at all. >> does it put their heart -- it's essentially amphetamines which is a type of speed to put it in context for the audience. is it risky? >> it can cause anxiety, sleeplessness, weight loss. in some kids it causes cardiac problems. the long-term effects are largely unknown. in some kids it may provoke manic episodes. in others it could be a risk factor for substance dependence, but the medication can be remarkably useful when used well for someone who is carefully diagnosed. what's happening now though is many kids aren't carefully diagnosed and they are getting the medicine unnecessarily. >> along those lines, a little bit of history. in 1994 you were chairman of the group that wrote what's known as the dsm-4, the bible, the manual that determines the criteria for various types of disorders. since that manual came out, doctor, the diagnoses of adhd tripled. that feeds into the point that
but most of the kids who are getting treated for attention deficit disorder now don't need it. certainly the cosmetic use of these medications for performance enhancement makes no sense at all. >> does it put their heart -- it's essentially amphetamines which is a type of speed to put it in context for the audience. is it risky? >> it can cause anxiety, sleeplessness, weight loss. in some kids it causes cardiac problems. the long-term effects are largely unknown. in some kids it may...
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credit rating without more deficit reduction. the mark sets celebrating today, not worried about tomorrow, a huge rally with the dow skyrocketing 308 points, the biggest one day gain since september of 2011. here with what more to expect out of washington, republican senator john barosso. great to have you back on the show, senator. >> great to be with you, melissa. happ new year to you. melissa: happy new year to you. what do you think about the warn from moody's came out a short time ago. what do you think about them saying it is not enough? >> you have to focus on the spending and an administration that is addicted to spending. the president continued to argue to the american people, if you just raise taxes on us, a few americans it would solve the problems. it doesn't solve the problems. the problem we have in this nation is the spending. and when today, 10,000 baby boomers turned 65 and same happened yesterday and the same will happen tomorrow, until we get this spending under control, we're going to continue to have the kin
credit rating without more deficit reduction. the mark sets celebrating today, not worried about tomorrow, a huge rally with the dow skyrocketing 308 points, the biggest one day gain since september of 2011. here with what more to expect out of washington, republican senator john barosso. great to have you back on the show, senator. >> great to be with you, melissa. happ new year to you. melissa: happy new year to you. what do you think about the warn from moody's came out a short time...
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. >> they both worked to close the deficit. because we have the lowest tax rates over the last decade or so. in this nations history. >> it is. >> okay, let's start off with the administration wants it both ways. they have a low deficit, but at the same time they want to talk about sequester and how it's bad for the economy because they want to be spending more money. we have these big government policies trying to stimulate the economy. spending billions and billions of dollars getting us to the same point that we were a few years ago and we had 37,000 drop out of this rate alone. this is going to change. >> but one in our history was that the case? >> because nobody is working. because the economy is shrinking. it is doing nothing for the families and no one is working. >> it's not shrinking. it hasn't been shrinking. >> you're right, and that is okay. charles: we are talkinn about countries that accept as 20 years before we did. it actually might be a great warning for us but you get the last word. >> yes, the economy is in
. >> they both worked to close the deficit. because we have the lowest tax rates over the last decade or so. in this nations history. >> it is. >> okay, let's start off with the administration wants it both ways. they have a low deficit, but at the same time they want to talk about sequester and how it's bad for the economy because they want to be spending more money. we have these big government policies trying to stimulate the economy. spending billions and billions of...
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Oct 12, 2013
10/13
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FBC
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the deficit is up tremendously from my was. dennis: did not read a recent headline coming 8% of gernment spending is on automatic pilot. we let people being categorized as unabomber's. weave too something abo entitlement programs. we don'teed to add to entitlement programs. we nd to fix the ones you already have. you need to spend less i'm social security, but now we're supposed to believe that this gridlock in d.c. is going to lead to a grand bargain. am i supposed to believe the democratare going to dismantle social security inll of these retirement programs? , supposed to belve they will increases on wealthy?ax it is not going to happen. the best thing is a small deal with it will save face. they reduce the tax we cannot go home and celebrate the fact that we are careeni toward insolvency dennis: until the n we have to wrap. just checking. when you said that the tea party is america's answer our home. you were not being sarcastic or ironic. you mean that. >> i love the tea party. as i've country's best hope. >> they want to
the deficit is up tremendously from my was. dennis: did not read a recent headline coming 8% of gernment spending is on automatic pilot. we let people being categorized as unabomber's. weave too something abo entitlement programs. we don'teed to add to entitlement programs. we nd to fix the ones you already have. you need to spend less i'm social security, but now we're supposed to believe that this gridlock in d.c. is going to lead to a grand bargain. am i supposed to believe the democratare...
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Aug 21, 2013
08/13
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FBC
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the budget deficit is much smaller than they originally thought it was going to be back when they put this program together a year ago. so their program right now it is too big. so they don't want to cause disruptions in the market. they have done a great job helping this market to navigate back over the past four years. and, they're going to wind this down. they will do it slowly. they're still going to remain accommodative because they will not try to bring interest rates up too much. liz: let me push you on something. they have brought the markets back but they haven't brought the economy back. just look at our gdp. four years into this thing and 2 1/2 years, three years into quantitative easing of all different forms. we went from a balance sheet over at the fed of 800 billion to 3 plus trillion and all we can eat out 1.7%? that is measly. what happens, do you think they will believe sometime between now and sent september we will have an opportunity to shave a bit off the bond buying program? >> well, you know, i would say right now the fed is really operating on their own. they
the budget deficit is much smaller than they originally thought it was going to be back when they put this program together a year ago. so their program right now it is too big. so they don't want to cause disruptions in the market. they have done a great job helping this market to navigate back over the past four years. and, they're going to wind this down. they will do it slowly. they're still going to remain accommodative because they will not try to bring interest rates up too much. liz:...
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Feb 12, 2013
02/13
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FOXNEWS
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like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling about what should happen to a mawoman in the case of rape and all the hard work done by intelligent pro-lifers winning issue after issue and raising partial term abortion and parental-- and we want to save the 99% of babies not the result of rape, and we'd like the death penalty, but supreme court should no on that on criminal issues mentally ill and women concealed to carry and protect themselves. not granting amnesty for illegal aliens, that's where republicans win, not on look what obama did a couple of years ago. >> sean: ann coulter, good to see you. we need the three legs
like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling...
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Sep 19, 2013
09/13
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if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a legislature and they're wrong and the spending exceeds the revenue then you have pro ray shun. >> there's no danger here of the unit going into default. >> i'm not saying there's no danger. there is a risk to our economy. and i hope that the president will understand that there is a bigger picture here and that bigger picture is whether or not the united states of america is going to continue on this path to insolvency and bankruptcy. that is a much bigger threat. >> what does he have to do to avoid dough fault, the president? >> what the president has to do. okay. which default are you using? the jack lew's? >> i want t
if we're going to continue on this spree of trillion deficits. it's going to be a good year, of course that sarcasm is bad. >> you know as well as i do that these bills have been passed. the costs haven about run up already. the bills have been signed by the president. what you're talking about is will you pay your debts or not. >> wait a second, chris. it's the same thing that governors have to do in the 50 states. if you have a legislature and they're wrong and the spending...
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Apr 29, 2013
04/13
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this is what you have to do to bring the deficit down. we can live with the sequester. that is where the battle lines are drawn right now. >> it is frustrating to average americans, right, steve? we said it in the introduction. 12 in million people likely get a slight improvement in payrolls added in latest month come the end of the week. >> right. lori: but still, just so frustrating, once again for average americans and almost like the president, congress and themselves are out of touch with that? i'll let you comment. show you poll results. >> well, first of all, obviously everybody is frustrated with the high unemployment rate and everyone knows a family member or friend who can't find a job. this is something that up to us all. i guess the point i would make, lori, these reductions in government spending are a good thing for the economy. they're freeing up resources, that can be used by private businesses to expand their business. it is interesting, isn't it? the stock market has gone up a lot since the sequester began. what it is showing, lori, finally there is so
this is what you have to do to bring the deficit down. we can live with the sequester. that is where the battle lines are drawn right now. >> it is frustrating to average americans, right, steve? we said it in the introduction. 12 in million people likely get a slight improvement in payrolls added in latest month come the end of the week. >> right. lori: but still, just so frustrating, once again for average americans and almost like the president, congress and themselves are out of...
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Jun 12, 2013
06/13
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. >> increase the taxes deficits come down. peter barnes, thank you, sir. >> you bet. >> top of the hour. time for stocks with nicole petallides at the new york stock exchange where we go every 15 minutes. nicole the dow is down languishing 51. >> we heard you talk at the top of the show of volatility that is the really the environment we've seen in seven of the last 11 trading days we've seen triple digit swings where the first five months you saw that four times. volatility is the name of the game. buy on the dip, sell on the rip. that is really the wall street motto these days. down one-third of 1% on the dow jones industrials. this is day where we had a lot of news but we're looking at mergers and acquisition. apollo buying cooper tire & rubber. it will become the 7th largest tire maker in the world and cooper tier, 11th largest. they will step it up. cooper tires such over 40%. goodyear tire to the upside on this good news that is holding on to gains here today. up 2.5%. as we look at major market averages keep an eye on t
. >> increase the taxes deficits come down. peter barnes, thank you, sir. >> you bet. >> top of the hour. time for stocks with nicole petallides at the new york stock exchange where we go every 15 minutes. nicole the dow is down languishing 51. >> we heard you talk at the top of the show of volatility that is the really the environment we've seen in seven of the last 11 trading days we've seen triple digit swings where the first five months you saw that four times....
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Jan 9, 2013
01/13
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there is a deficit in these metals this is where you can invest. for the people that talk about gold as an inflation edge, and rob is right, this is why gold israllying. guys that are in the mining space and guys that are understanding where stock piles are will tell you that platinum is underserved and a real deficit there. this is where it would be investing, though gold goes higher and it goes higher because demand for gold is reserves. >> barclays forecasted that the deficit in palladium is how much the car industry uses every seven months. crazy. >> the people who stock piled it -- russia is probably out. they won't tell you. still a state secret. but palladium more than platinum is the trade. >>> coming up next, under the radar sector. and is it time to break up with two stocks sitting at all-time highs? find out if now is time to sell the winners in hold 'em or fold 'em. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global i
there is a deficit in these metals this is where you can invest. for the people that talk about gold as an inflation edge, and rob is right, this is why gold israllying. guys that are in the mining space and guys that are understanding where stock piles are will tell you that platinum is underserved and a real deficit there. this is where it would be investing, though gold goes higher and it goes higher because demand for gold is reserves. >> barclays forecasted that the deficit in...
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Jul 10, 2013
07/13
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why that will boost the economy and cut the deficit. adam: we are guessing that lou dobbs has a little to say about this. adam: walmart is threatening to walk. possibly canceling plans to build in the nations capital. lori: let's head to the floor of the new york stock exchange. market turning down here as we wait for the feds minute release. even if it were to post again today and be higher than yesterday, it is another record-setting day. we are watching oil which is a key story today. i am watching hewlett-packard very closely. this was a real ladder last year. the analysts are doing 180s as well. citigroup now put a buy rating on hewlett-packard. this comes on the heels of green yesterday. this is why they are turning around. adam: thank you very much. breaking news. crude oil. phil flynn of price futures group is in the trading pits of this cme. >> i would call it a stunning drop in supplies. not only do you have the heating of tensions in the middle east and you have surging demand in the united states. everybody thought in americ
why that will boost the economy and cut the deficit. adam: we are guessing that lou dobbs has a little to say about this. adam: walmart is threatening to walk. possibly canceling plans to build in the nations capital. lori: let's head to the floor of the new york stock exchange. market turning down here as we wait for the feds minute release. even if it were to post again today and be higher than yesterday, it is another record-setting day. we are watching oil which is a key story today. i am...
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May 15, 2013
05/13
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we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse. >> i will give you one. it is still another one. if i can quickly push back a little on what david said, i agree. i would also say be careful what you wish for. the specter of a three year lame-duck president does not look that great internationally. i do worry about that angle. >> i am not too worried about what is happening internationally. i think they will basically be just slightly by over the next couple years. it is the economy here that i am worried about. with gridlock, look at what we have been able to get done. the president realizes
we were hoping to work more on the deficit. do you think this will diverge us from getting things like that done in washington? >> i am not so sure that the market will take that as bad news. the less they do inside the beltway seems to be the better. that is seen as bad news. the more gridlock, the better in many peoples minds. dennis: we have justice with the ap, the irs going after tea party groups, if we have a third-party to come up that is overreaching like that, it gets far worse....
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Mar 14, 2013
03/13
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that we can just stablize the deficit as a fraction of gdp. all of that is condemning us to a future of persistent high debt and threat of slow growth and crisis. melissa: that is exactly what he says. all we need to do is stablize the debt. we don't need to reduce it. why do you not believe that is correct? >> because the debt is extremely high as you point out. stablizing at a very high level says we're content with a growth penalty. we're content to grow slowly and we're content to be on the edge of a crisis. it is like saying i'm not worried about driving off the cliff. i will drive along the edge of it with two wheels on and two wheels off and we'll be fine. i think it is too risky. we ought to be serious about faster growth and a legacy to the next generation. melissa: what do we have to do to really reduce the debt burden down the road? do we need to cut spending or reverse entitlements? do we have raise taxes to get this done? >> number one thing to fix the enlightment programs, is ask the question how will medicare look for the next g
that we can just stablize the deficit as a fraction of gdp. all of that is condemning us to a future of persistent high debt and threat of slow growth and crisis. melissa: that is exactly what he says. all we need to do is stablize the debt. we don't need to reduce it. why do you not believe that is correct? >> because the debt is extremely high as you point out. stablizing at a very high level says we're content with a growth penalty. we're content to grow slowly and we're content to be...
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Jan 3, 2013
01/13
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he wanted deficit reduction and it didn't reduce the deficit at all. he keeps seeing these things and nobody holds him accountable. and i'm proud of my colleagues who voted no. and if you took every day, 3,000 years to get to one trillion. we're spending more than 10 billion dollars a day. we have to borrow 600 million a day just to pay for the interest on the national debt, we can't do t i don't want to hear about ten year projections, i want to hear about first year cut reductions. >> sean: if you want to look at the numbers, congressman chaffetz. moody's saying this will cost 600,000 american jobs. and the price tag over a decade. there are no spending cuts here, i guess the question is over the debt ceiling we're now going to have another big argument over spending, whether there will be entitlement cuts. it steams that there's got to be a shift in strategy, that we need a party that is going to stand on this platform to save america. do you think, congress, do you think that will happen, will happen and the messaging will change? >> i know it can
he wanted deficit reduction and it didn't reduce the deficit at all. he keeps seeing these things and nobody holds him accountable. and i'm proud of my colleagues who voted no. and if you took every day, 3,000 years to get to one trillion. we're spending more than 10 billion dollars a day. we have to borrow 600 million a day just to pay for the interest on the national debt, we can't do t i don't want to hear about ten year projections, i want to hear about first year cut reductions. >>...
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Mar 3, 2013
03/13
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it's a small percentage of the dep deficit and the debt that we have. and also, there are other factors that are in play, which are pushing wall street higher. we are now within .5% of an all-time high for the markets. we have been up 115% from the crash low. so we have come a long way very fast, in part because the fed -- ben bernanke has been pumping trillions of dollars into the economy, keeping interest rates at all-time lows, near zero. and wall street likes that -- >> jamie: i imagine -- is that the right answer, though? >> absolutely not. there are a lot of economist who is say this is the bubble we are going to be facing this bubble at some point. but for now, we are seeing wall street saying, who cares about the cuts? they are not that big of a deal? you expect the curts to be draconian and that's what the white house has told us and the republicans on defense spending, on friday, a key defense index from philly hit an all-time high. it stheems wall street is not paying much attention. in terms of prices on wall street. if you take a look at a
it's a small percentage of the dep deficit and the debt that we have. and also, there are other factors that are in play, which are pushing wall street higher. we are now within .5% of an all-time high for the markets. we have been up 115% from the crash low. so we have come a long way very fast, in part because the fed -- ben bernanke has been pumping trillions of dollars into the economy, keeping interest rates at all-time lows, near zero. and wall street likes that -- >> jamie: i...
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Apr 18, 2013
04/13
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excise taxes, 12 days for property taxes and nine days for corporate income taxes and what about the deficit? he will have to work until may 9th.
excise taxes, 12 days for property taxes and nine days for corporate income taxes and what about the deficit? he will have to work until may 9th.
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Jul 26, 2013
07/13
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all around the country liabilities, deficits, debt, rising taxes, falling population , and an immense disaster born of a politicians who just wanted to get reelected , and they agreed to union terms and just about everything for that support. but that deal is so over. detroit goes belly up. motown's shrinking population and awful leaving retirees and creditors nervous. former congressman dennis kucinich faces similar challenges when he was mayor of cleveland. he is our guest next on how detroit can fight its way out. ♪ ♪ [ighter flickg ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dyunction get in yr way? talk to our doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for se doot take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effts include headache, flushing, uet stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting mo
all around the country liabilities, deficits, debt, rising taxes, falling population , and an immense disaster born of a politicians who just wanted to get reelected , and they agreed to union terms and just about everything for that support. but that deal is so over. detroit goes belly up. motown's shrinking population and awful leaving retirees and creditors nervous. former congressman dennis kucinich faces similar challenges when he was mayor of cleveland. he is our guest next on how detroit...
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it doesn't have a lot of opposition, wouldn't add a dime to the deficit and congress should waste no time in enacting get. ashley: the problem is congress is embroiled in these budget battles that get pushed back two or three month. could this get lost in the shuffle as they deal with a bigger budget? >> we are hopeful that because this has such strong public support it has bipartisan support which is increasingly rare these days. we are hopeful that congress will take it up but it could get lost in the shuffle. ashley: this is a huge hit economy, any numbers over the last year 700,000 yorker's saved $330 million for this benefit. if they lose, that is money taken out of people's pockets and that has to hurt the economy. >> exactly right. this benefit is also good for businesses. people take transit to work save their employers through this tax benefit $300 million in 2010 alone. and letting just the transit portion of this benefit be cut in half, creates an unlevel playing field. if you are a business where a large number of your employees takes public transit to work you are at a d
it doesn't have a lot of opposition, wouldn't add a dime to the deficit and congress should waste no time in enacting get. ashley: the problem is congress is embroiled in these budget battles that get pushed back two or three month. could this get lost in the shuffle as they deal with a bigger budget? >> we are hopeful that because this has such strong public support it has bipartisan support which is increasingly rare these days. we are hopeful that congress will take it up but it could...
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Sep 7, 2013
09/13
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but we don't have an urgent deficit crisis. the only crisis we have is one that's manufactured in washington and it is ideological. >> we don't have an urgent deficit crisis. how many agree with that? 16.7 trillion in debt, $90 trillion in unfunded liabilities, and guess who is going to pay it all off. liz, let's talk to you. >> i'm really disappointed in the president, especially on the issue of obamacare. he said that it would decrease costs and actually, uva this year, my school this past week they came out and said that actually next year they'll have to cut $7.3 million from the uva health insurance plan because of the increased costs that come with implementing obamacare. so i'm pretty outraged that this thing that the president and congress promised would be beneficial to americans and help to decrease health care costs, are actually increasing it. and the burden of this huge debt will be on our generation. >> a democrat, notre dame. how did you ever get to notre dame? >> i worked really hard in high school. and they acc
but we don't have an urgent deficit crisis. the only crisis we have is one that's manufactured in washington and it is ideological. >> we don't have an urgent deficit crisis. how many agree with that? 16.7 trillion in debt, $90 trillion in unfunded liabilities, and guess who is going to pay it all off. liz, let's talk to you. >> i'm really disappointed in the president, especially on the issue of obamacare. he said that it would decrease costs and actually, uva this year, my school...
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Jan 26, 2013
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reduce the deficit by reducing the role of government. >> coming up. net flicks netting huge gains after strong gains and informers releasing their names. name to make you money, coming up. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant
reduce the deficit by reducing the role of government. >> coming up. net flicks netting huge gains after strong gains and informers releasing their names. name to make you money, coming up. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? of green giant vegetables it's easy to eat like a giant... ♪ and...
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Jan 26, 2013
01/13
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FOXNEWS
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reduce the deficit by reducing the role of government. >> coming up. net flicks netting huge gains after strong gains and informers releasing their names. name to make you money, coming up. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> we are back. which stock is next? emac a oil call would core. >> they analyze the reservoirs and oil and list. market in considerable growth here. >> bill? >> oil service is a beye-polar kind of a stock. this one at 20 times book value is in a manic face. >> general cable. making copper cables why do you like them? >> they supplied for samuel morris . did a good job. >> mike, they have been around. >> turning into a commodity business and too much competition and hurting margins and a time warner, why do you like
reduce the deficit by reducing the role of government. >> coming up. net flicks netting huge gains after strong gains and informers releasing their names. name to make you money, coming up. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? of green giant vegetables it's easy to eat like a giant... ♪ and...
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Feb 13, 2013
02/13
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in particular, deficit. when barack obama said it was not going to add a dime to have deficit there is a positive reaction among republicans and democrats. let's take a look at that clip. >> nothing i'm proposed tonight should increase our deficit by a dime. it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. that is what we should be looking for. >> there were rare moments when republicans and democrats azbreed i want to ask one question. do you believe him that his policies will not add to the deficit? do you believe it?. >> no. no. >> why don't you believe it?. >> look at the deficit. it keeps growing spiralling out of control continuing to grow. i don't see evidence it's going the other way. >> he made a commitment it won't go up. >> he's got to come up with it. >> he said $3,000 for people to refinance their homes we'd get a tax break for that. but he didn't tell us where it's going to come from. >> i believe he is believing what he want
in particular, deficit. when barack obama said it was not going to add a dime to have deficit there is a positive reaction among republicans and democrats. let's take a look at that clip. >> nothing i'm proposed tonight should increase our deficit by a dime. it is not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth. that is what we should be looking for. >> there were rare moments when republicans and democrats azbreed i...
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Oct 15, 2013
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we need to deal with long term deficit. those things are still out there. frankly a lot of the discussion >> we never had a president give consecutive trillion dollar debts. no president had a trillion dollar debt. congressman, brady, if the labor participation rate were the same as when president obama took office, unemployment would be close to 11%. your reaction. >> the worst recovery since world war 2. since the recession ended you are seven times more likely to be forced on to food stamps. so many millions have given up looking for a job. wall street is doing great. been juiced up by the fed stimulus. middle-class american, average families, missing $12,000 from their wages today as the result of this president's failed the playing a key role in that. >> let me ask you this question, congressman, is it unreasonable to expect the president who will negotiate with the mullahs of iran to negotiate with republicans on the verge of a debt ceiling being reached, on verge of government being shut down or at least partial shutdown. this is the first president
we need to deal with long term deficit. those things are still out there. frankly a lot of the discussion >> we never had a president give consecutive trillion dollar debts. no president had a trillion dollar debt. congressman, brady, if the labor participation rate were the same as when president obama took office, unemployment would be close to 11%. your reaction. >> the worst recovery since world war 2. since the recession ended you are seven times more likely to be forced on to...
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Oct 17, 2013
10/13
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we have 650 billion-dollar deficit and dollars we're collecting from fannie and freddie at one time. if you normalize interest rate we're over trillion dollars. maybe you could run a deficit as high as $500 billion, which means you have a $500 billion fap to close. david: let me stop you there. most of us know how bad and dire the debt situation. you say it is worth all the mess we've been through, put that in fine focus to look how bad the situation is? >> look at 10-year interest rate on the 10-year. it was 2.7. it is down to 2.6. volume at this time index is back at 13 1/2 which is extremely low. it is hard to see any real damage to our financial markets from this fight and the financial markets recognize we'll have fights over the debt ceiling but it is only way we will get compromise in a situation where mandatory spending will drive up our spending without any need to pass legislation. so that is built into the expectations of the market we'll have these bruising fights. david: okay. but so far, the one thing that is damaged, everybody agrees is damaged is the middle class. mid
we have 650 billion-dollar deficit and dollars we're collecting from fannie and freddie at one time. if you normalize interest rate we're over trillion dollars. maybe you could run a deficit as high as $500 billion, which means you have a $500 billion fap to close. david: let me stop you there. most of us know how bad and dire the debt situation. you say it is worth all the mess we've been through, put that in fine focus to look how bad the situation is? >> look at 10-year interest rate...
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i mean we had 200 billion deficit reduction in 2012. 450 billion is projected for this year. you're right. it could be temporary. i guess we need more blue dog democrats and rockefeller republicans to get together and realize we need to continue to shrink our deficit. that said, things are going in the right direction. we're growing at 1 1/2%. and it is stunning to think with the restraint we've had with all the taxes and the sequester cuts that we've grown as much as we have. it's a good time for equities as long as you're hedged. liz: michael, as you wrap up and look what is happening in the pits today, tell us what you think about leadership. when it comes to stocks overall, you guys are sitting there watching the flows. you get order calls. you see people are backpedaling get me out of this, get me out of this. what jumps out at you as far as investor behavior lately? >> i think what jumps out to me historically investors learn ad lot in the last 10 years and they will not let this fall ut of bed and think they missed an opportunity. the opportunity here is to start takin
i mean we had 200 billion deficit reduction in 2012. 450 billion is projected for this year. you're right. it could be temporary. i guess we need more blue dog democrats and rockefeller republicans to get together and realize we need to continue to shrink our deficit. that said, things are going in the right direction. we're growing at 1 1/2%. and it is stunning to think with the restraint we've had with all the taxes and the sequester cuts that we've grown as much as we have. it's a good time...
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Mar 9, 2013
03/13
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but what they're talking about now is the debt and deficit. and insofar as you're bringing more money into the treasury, that is great, but i don't know if it is strengthening the president's hand. >> and the people who actually got a job, that is very, very good news. but what do you make of the impact? i think there will be very serious negotiations. >> by historic standards, as candy says, this may be the upper end, but not what we've seen in previous recoveries, but contemporary standards this is very good. and it does give the president one argument here which is that there is a view among some economists that the uncertainty in washington is really one of the last big barriers from preventing the economy from moving up a gear, at least not the type of gear in the '90s. but when you get good economic news, it is an opportunity to say if we can provide more certainty, not going through these confrontations month after month, but set it on a long-term path, maybe it would have some positives. >> and raising the debt ceiling, before july and
but what they're talking about now is the debt and deficit. and insofar as you're bringing more money into the treasury, that is great, but i don't know if it is strengthening the president's hand. >> and the people who actually got a job, that is very, very good news. but what do you make of the impact? i think there will be very serious negotiations. >> by historic standards, as candy says, this may be the upper end, but not what we've seen in previous recoveries, but contemporary...
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Aug 5, 2013
08/13
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. >> the growing deficit? that's just wrong. the deficit has gone down by $800 million since the president took office. that the fastest deficit reduction since world war ii. the gop agenda literally doesn't add up. that's why their big challenge now is not on the facts but on how to confuse voters. republicans are heading home armed with a media kit called, quote, fighting washington for all americans. they suggest lawmakers write articles in newspapers saying, quote, every day i serve in congress, i work to fight washington. the gop brain trust came up with tips like use a camera on a tripod when you hold your youtube roundtable. at town halls, make sure there is room for cameras in the back. oh, and don't forget to talk about the negative effects of obama care. that's their big plan? bring a tripod, smile, and make stuff up about health care? republicans are living in a fantasy world. but their extremist agenda could make millions of americans suffer in the real world. joining me now is congresswoman jan sc
. >> the growing deficit? that's just wrong. the deficit has gone down by $800 million since the president took office. that the fastest deficit reduction since world war ii. the gop agenda literally doesn't add up. that's why their big challenge now is not on the facts but on how to confuse voters. republicans are heading home armed with a media kit called, quote, fighting washington for all americans. they suggest lawmakers write articles in newspapers saying, quote, every day i serve...
SFGTV: San Francisco Government Television
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Jan 18, 2013
01/13
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at this time the city does have a deficit, i believe it's been $129 million, but don't quote me on that. it's more than $100 million. and for this reason, the mayor has given direction to all of the different department heads that when we submit our budget, we need to include some budget reductions, approximately 1.5% per year. and so our office is cooperating, of course, with that citywide effort. during the budget season, our office also participates in capital planning for the really big projects, like new buildings or ada transition plan work for barrier-removal. and a little bit later in the meeting today, i have asked our deputy director for architectural access, john paul scott to give us a briefing on some of the big projects that he submitted for our capital planning budget. now i wanted to tell you about a couple special probings that our office worked on recently. we just finish a project to develop accessibility guidelines for park lifts. -- parklet. if you haven't seen a parklet, you should walk or drive down valencia street or hayes valley, because those are the biggest co
at this time the city does have a deficit, i believe it's been $129 million, but don't quote me on that. it's more than $100 million. and for this reason, the mayor has given direction to all of the different department heads that when we submit our budget, we need to include some budget reductions, approximately 1.5% per year. and so our office is cooperating, of course, with that citywide effort. during the budget season, our office also participates in capital planning for the really big...
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Jan 17, 2013
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it will reduce the deficit. obama care has brought the number of uninsured americans to the lowest level since 2008. however, the law would be fully implemented until 2014. it would put pressure on all insurers to lower their premiums in order to compete. it would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won'
it will reduce the deficit. obama care has brought the number of uninsured americans to the lowest level since 2008. however, the law would be fully implemented until 2014. it would put pressure on all insurers to lower their premiums in order to compete. it would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs...